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Office Market News

Tiriac Imobiliare aims to obtain the WELL Health-Safety certification for a mixed portfolio of projects

Tiriac Imobiliare is the first developer to implement the WELL Health-Safety standard in Romania for its entire mixed building portfolio, consisting of the Stejarii Residential Club – 1, the Tiriac Center office building, but also the projects under construction – Tiriac Tower office building and the Stejarii Residential Club -2.

Bucharest office market continues to develop, amid a slight return in demand in the third quarter

The office market in Bucharest continues to grow, in the first nine months of the year being delivered new spaces with a total area of 124,000 square meters, while developers have in various phases of construction buildings with a cumulative area of 388,000 square meters, according to real estate consulting company Cushman & Wakefield Echinox.

Impact Developer & Contractor started the construction of Greenfield Plaza, including more than 1000 sqm of offices

Impact Developer & Contractor started the construction works at the fourth phase of development of the Greenfield Băneasa residential compound. This will include Impact's first commercial project, Greenfield Plaza, the largest community center in a residential complex, with 7,258 sqm of space for trade and services and 1,184 sqm of office spaces.

Zetta University to rent 450 sqm in Vox Technology Park

The American Zetta University, from West Virginia, will start its activity in Romania in February 2021, through an academic partnership with Salem University. The university leased an area of 450 square meters in the Vox Technology Park office project in Timisoara, with the option to expand to 2,000 square meters by the end of 2021.

The boutique office buildings in Bucharest remain attractive in 2020 for tenants and investors

This year, two new boutique buildings with premium finishes, located in central areas, have been put into use or are being delivered. They will have a total area of 13,000 sqm class A office space. In the future, It is estimated that two more buildings of this type will be delivered next year, with a total area of 19,500 sqm.

Public Affairs Solutions relocates offices to the ONE Tower building, developed by ONE United Properties in the Floreasca area

Public affairs company Public Affairs Solutions (formerly McGuireWoods) has decided to relocate its office space in the ONE Tower building, developed by One United Properties in the Floreasca area.

One United Properties announces a capital increase of up to 70 million euros

One United Properties, the most active real estate developer of residential, mixed and office projects of the latest generation, announces a capital increase of up to 70 million euros. Following the General Meeting of Shareholders, which took place on Monday, September 28, this capital increase was approved, at a valuation of 380 million euros before the increase and up to 450 million after the increase.

How to ensure the security of building management systems

Computer security is a topic that keeps managers thinking at night, and the truth is that any system connected to the Internet is at risk - including a building automation system (BMS).

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Adina Camara

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